Alexander Proudfoot (part of MCG) announces progress in Latin America

Alexander Proudfoot (part of MCG) announces progress in Latin America

Management Consulting Group PLC ("MCG" or the "Group"), the international professional services group, today provides an update on recent developments in Alexander Proudfoot's operations in Latin America.

Alexander Proudfoot has appointed Paulo Amorim as President of its operations in Latin America, based in Sao Paulo, Brazil.  Paulo was previously a Partner at Kornferry International and has held senior positions in manufacturing and consulting businesses in Latin America and the United States.  He will lead the further development of the Alexander Proudfoot business in Brazil and more widely in Latin America, in line with MCG's strategy to grow

its operations in these markets.

Alexander Proudfoot is experiencing increasing demand from clients operating in the Brazilian market.  The country is experiencing strong growth in a number of industries, particularly those associated with chemicals, manufacturing and natural resources.  Alexander Proudfoot has a well established operation in Brazil, serving local and international clients in these and other sectors.

Alexander Proudfoot is currently undertaking a significant project with Oxiteno which is a leader in the chemicals industry in Brazil. Oxiteno is a subsidiary of Ultrapar, one of Brazil's leading fuel distributors (Petrol and LPG) and providers of storage for liquid bulk.  Working with the senior management team of Oxiteno, Alexander Proudfoot is undertaking an assignment to help reinforce the company's market position.  The project is scheduled to last approximately nine months.

Nick Stagg, Chief Executive commented:

"We are pleased to see Alexander Proudfoot building on its success in the Brazilian market by working with leading companies in a diverse range of industries.  Paulo Amorim's appointment as President of Alexander Proudfoot in Latin America will help us to increase our presence in this fast growing market. The project with Oxiteno is an excellent example of Alexander Proudfoot employing its global capabilities in revenue enhancement, cost control

and productivity effectively. Oxiteno chose to partner with Alexander Proudfoot because of its ability to deliver tangible, realisable benefits and its track record of successful projects delivering long term results."